Jukely is the American startup charging music fans $25 a month to attend an ‘unlimited’ selection of gigs – well, apart from the fact that it’s limited both by the number of days in the month, and the selection of venues/concerts available. Now the company has raised $8m of funding in an extension of its seed financing from investors including VC firm Northzone and former WMG executives Alex Zubillaga and Lyor Cohen. 

Jukely is currently available in 10 US cities, but says the funding will help it double its current headcount of 15 people and expand to more than 20 cities in the US and Europe – TechCrunch says CEO Bora Celik has hinted that London may be the first port of call in the latter case. The company says subscribers go to 2-3 gigs a month on average, with the pitch to musicians and venues being that 65% of them go to see artists they’ve not heard of before.

EarPods and phone

Tools: platforms to help you reach new audiences

Tools: Kaiber

In the year or so since its launch, AI startup Kaiber has been making waves,…

Read all Tools >>

Leave a comment

Your email address will not be published. Required fields are marked *